Jamestown

Few people had paper ___________________________ or coins to use to buy goods and services.

• Money
• Tobacco

A __________________________ system was commonly used instead of money.

• Barter
• Tobacco

________________________ was used as money. It was nicknamed “green gold”.

• Banks
• Tobacco

Farmers and other consumers could also buy goods and services on ___________________________ and pay their debts when their crops were harvested and sold.

• Tobacco
• Credit

Colonial Virginia had no _________________________.

• Banks
• Enslaved

____________________: buying a good or service now and paying it later.

• Cash Crop
• Credit

Colonial Virginia did not have banks, and paper and coin money was rare.  What did many colonists use as money?

• beads
• tobacco
• fur
• corn

What is a crop that is grown to sell for money rather than for use by the growers?

• credit
• cash crop
• debt
• money

What is it called when you trade one item you own with another item owned by someone else (WITHOUT the use of money)

• Currency
• Barter
• Savings
• Debt

Colonial Virginia had _______ banks.

• no
• few
• many
• 15